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Tideview Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of 1 0 percent with interest
Tideview Home Health Care, Inc., has a bond issue outstanding with eight years remaining to maturity, a coupon rate of percent with interest paid annually, and a par value of $ The current market price of the bond is $
a What is the bonds yield to maturity?
b Now, assume that the bond has semiannual coupon payments. What is its yield to maturity in this situation?
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